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Oct 30, 2012
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our first responders have been doing a heroic job protecting our city and saving livings, and they are still fighting fires and conducting life-saving search and rescue missions, and we owe them an enormous debt of gratitude. the storm brought something like 23 serious fires to parts of staten island, brooklyn, queens, as well as city island and the bronx. a terrible fire on breezy point is now under control, but we believe we lost more than 80 houses. the search and recovery operations there are ongoing, and if any of you saw the pictures on television it looked like a forest fire out in the midwest. the winds were just devastating, blowing from one building to the next one, and those buildings were close together. we are hoping and praying that there was no loss of life in those fires, but even we can -- even if we can save every life we know that many people have lost their homes, and i want to know -- them to know that we have -- they have our full support in the days and weeks ahead. the 76 shelters we opened will remain open today, and we will continue to keep shelters open until
our first responders have been doing a heroic job protecting our city and saving livings, and they are still fighting fires and conducting life-saving search and rescue missions, and we owe them an enormous debt of gratitude. the storm brought something like 23 serious fires to parts of staten island, brooklyn, queens, as well as city island and the bronx. a terrible fire on breezy point is now under control, but we believe we lost more than 80 houses. the search and recovery operations there...
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Oct 29, 2012
10/12
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however, we have also opened 76 emergency shelters in city public schools for those who did not have that option. they are still -- >> that is yor mayor mike bloomberg. the headline essentially that he is closing new york city schools for the second day saying there is, quote, no chance that mass transit will be ready to get people to and from work or school around the city. saying the fdr highway is fundamentally closed in his words. looks like the storm surge according to the mayor will hit at least in the new york city area around -- starting around 8:00 or 8:15 p.m. tonight. he's looking for storm surge between 6:00 and 11:00 p.m. jim, obviously we're not a local channel. our news goes around all of the country and around the world. but this is turning into a storm that new york city for most intents and purposes is going to own. we are in the worst spot. >> this reminds me of the 1992 hurricane andrew. i'm not going to minimize what could happen. health, loss of life. but that was worse in some ways than katrina was the gdp event. because katrina kind of localized. it was a gros
however, we have also opened 76 emergency shelters in city public schools for those who did not have that option. they are still -- >> that is yor mayor mike bloomberg. the headline essentially that he is closing new york city schools for the second day saying there is, quote, no chance that mass transit will be ready to get people to and from work or school around the city. saying the fdr highway is fundamentally closed in his words. looks like the storm surge according to the mayor will...
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Oct 3, 2012
10/12
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and while northern california may be heading into these emergencies first, plenty of cities in so cal are in the congo line. she is buying things that you can understand and which pitch and obligations are not the main 800 pound gorilla. and not all news is bad. s&p just raised l.a. county's credit credit to go aa from aa minus. that is if you believe such things. back to you. >> i like that congo line imagery. that's a good one. >>> when we come back, is your cell phone bill eating up your budget? a new company promises to save you hundreds of dollars a year by making data free. that's right. we'll get all the details on freedom pop from the company ceo next. for 30 some years at manyendent different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. insulifreestyle lite can. help you test easy. they need a third the blood of onetouch ultra. zipwik tabs target the bl
and while northern california may be heading into these emergencies first, plenty of cities in so cal are in the congo line. she is buying things that you can understand and which pitch and obligations are not the main 800 pound gorilla. and not all news is bad. s&p just raised l.a. county's credit credit to go aa from aa minus. that is if you believe such things. back to you. >> i like that congo line imagery. that's a good one. >>> when we come back, is your cell phone bill...
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Oct 2, 2012
10/12
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this is the first case brought by the working group but not likely the last are others on wall street quaking in their boots? diana olick asked the ceo of citi mortgage about the suit a short time ago. >> we don't know whether this will hit citi bang k at all. we think not because of what we've done to mitigate the issues substantially. >> jpmorgan wound up owns bear stearns at the behest of the feds in 2008 says it plans to contest the case and is disappointed in the attorney general. judge is eric going after conduct in a firm essentially dead? we will ask him first on cnbc on power lunch at 1:00 p.m. eastern time. carl, back to you. >> that is a key question, scott. reading that complaint, if people haven't already, bringing bam colorful language from days we'd rather forget. we look forward to a lot more today. scott, thanks so much. our capital markets, and we have gary cominski to post-9 once again. >> good thing we have an op ed logo today. you pick up the papers today, "wall street journal," "new york times," you have the headlines about this. the headlines should read the fol
this is the first case brought by the working group but not likely the last are others on wall street quaking in their boots? diana olick asked the ceo of citi mortgage about the suit a short time ago. >> we don't know whether this will hit citi bang k at all. we think not because of what we've done to mitigate the issues substantially. >> jpmorgan wound up owns bear stearns at the behest of the feds in 2008 says it plans to contest the case and is disappointed in the attorney...
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Oct 15, 2012
10/12
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we also have citi holdings which declined to $171 billion, the first time that the so-called bad bank has comprised less than 10% of citi's balance sheet. the cfo said it's not small enough yet to dissolve back in the bank in the near term. we had a depar tour for citigroup from what jpmorgan's jamie diamond and wells fargo said was a turning point. for citigroup housing shows a different story. mortgage originations though they're up 12% from last quarter, they went down 15% from a year ago. during that same time mortgage related revenues went up some 35% in the u.s. retail banking unit. big questions there on the media call as to why that was happening, but for citi, which ranks fifth for u.s. mortgage origination, the activity remains strong but the upswing in revenues is largely because of heavy refinancing activity. spreads are widening because they're maintaining higher mortgage rates. citi is not looking to gain more share in mortgage refinancing and he actually expects some compression on mortgages in the u.s., but that's a different approach from jpmorgan and wells who were m
we also have citi holdings which declined to $171 billion, the first time that the so-called bad bank has comprised less than 10% of citi's balance sheet. the cfo said it's not small enough yet to dissolve back in the bank in the near term. we had a depar tour for citigroup from what jpmorgan's jamie diamond and wells fargo said was a turning point. for citigroup housing shows a different story. mortgage originations though they're up 12% from last quarter, they went down 15% from a year ago....
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Oct 9, 2012
10/12
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thousands of police around the city. simon hobbs, that did not stop the protesters at all. >> absolutely. i will show you three symbolic acts as the most dominant figure in the european crisis went to the economy that the critics argue she is destroying through austerity. this is probably what will be on the front paging tomorrow morning. on the square next to parliament four people dressed in military uniforms riding and waving black and white and red swastika flags and stuck their hands out in a nazi salute. a lot of banners reading merkel out, this is not a european union, this is slavery. this is an image with huge potency around europe. the second is angela merkel at the news conference stood next to the greek prime minister. symbolic for two reasons. on the one hand she is saying i am a good european and i won't force you out of the eurozone. we have given you lots of money and on the second, particularly important, at home she is saying there will be no more money for you. this isn't a transfer union. there you se
thousands of police around the city. simon hobbs, that did not stop the protesters at all. >> absolutely. i will show you three symbolic acts as the most dominant figure in the european crisis went to the economy that the critics argue she is destroying through austerity. this is probably what will be on the front paging tomorrow morning. on the square next to parliament four people dressed in military uniforms riding and waving black and white and red swastika flags and stuck their hands...